Peter McCann - 25 Feb 2025 Form 4 Insider Report for Civeo Corp (CVEO)

Role
SVP, Australia
Signature
/s/ Peter McCann, by Bradley J. Dodson, Attorney-in-Fact
Issuer symbol
CVEO
Transactions as of
25 Feb 2025
Net transactions value
-$90,828
Form type
4
Filing time
27 Feb 2025, 15:58:30 UTC
Previous filing
24 Feb 2025
Next filing
04 Mar 2025
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CVEO Common Shares Options Exercise $0 +3,369 +7.4% $0.000000 48,764 25 Feb 2025 Direct F1
transaction CVEO Common Shares Disposed to Issuer $90,828 -3,369 -6.9% $26.96 45,395 25 Feb 2025 Direct
transaction CVEO Common Shares Award $0 +6,586 +15% $0.000000 51,981 25 Feb 2025 Direct F2

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction CVEO Phantom Shares Options Exercise $0 -3,369 -24% $0.000000 10,450 25 Feb 2025 Common Shares 3,369 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each phantom share was the economic equivalent of one Civeo common share and is payable in cash. The phantom shares vest at various times based on the grant date. 3,369 shares vested on February 25, 2025.
F2 Settlement of performance share award under the 2014 Equity Participation Plan of Civeo Corporation that cliff vested at 65% on the third anniversary of February 25, 2022.